The 1886-O coins were weakly struck as the coiners believed they were going into storage anyway! It is the dream of most coin collectors, to discover a hidden hoard of rare coins. The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921 and 2021. The value/worth is based off the coin in great condition. The government kept records of the quantities refined as a means of aligning treasury supply and demand. The Philadelphia, Denver, and San Francisco Mints struck the most recent year 90% silver dollars. google_ad_height = 60; Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle's tail feathers. The Carson City Morgan Silver Dollars were struck from 1878 using the Silver from the Comstock Lode. In terms of mintage in the New Orleans mint, the 1893-O was the lowest. Very few of these coins were represented during the GSA sales and thats why they sell at a premium of $225,000! Click here to Sign In. Further, collectors covet the earliest Morgan Silver Dollars. Historic Values Of Morgan Dollars. Congress suspended coinage of the silver dollar in 1904 but resumed it in 1921, when the last Morgan silver dollars were produced. Morgan Silver Dollars hold immense historical significance, being a major part of America’s early development westward. The Morgan Dollar was introduced in 1878 and was minted until 1904. It wasn't until 1918 that the reauthorization of the minting and mining of silver coins was passed. A few bags of these coins were released from the vault by the treasury and paid out at its cash value in the 1950s! This made it easier for tellers to handle the coins. Sign Up by entering the information below, Sign In by entering the information below. Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. These huge numbers are reflected in affordable values on the chart for most dates. The "Morgan" design silver dollars was minted from 1878 to 1904, and again in 1921. Coins minted in Philadelphia have no mint mark. The Comstock Lode in Nevada produced the silver the Morgan dollars were made from. Grades. 813 Proof coins were struck and sell at around $3500 at PF-63 conditions. You will find data on past and present Morgan Dollar values. Pristine coins from the 1870s command higher premiums than most other Morgan Silver Dollars. Just place a bid on the silver dollar of your choice and wait. Of the 880 Proof coins, around 700 exist today. This is not a coin you want to carry around in your pocket. You could get an MS-60 of this coin at $5500. The pictures below show where to find mint marks on both silver dollars. Call 1-800-928-6468 today and let one of our Carson City Silver Morgan Dollar Specialists assist you. My friend gave me a box with some silver dollars in it: Morgan and Hobo silver dollars. An 1880 an 1889. Value of 1891 Morgan Silver Dollar. The coins' are called by the name of the designer - George Morgan. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. Morgan dollars, officially known as Liberty Head dollars, are among the most popular United States coins. It stopped when the flow of silver dollars ended in 1964. LOT of 4 Morgan Silver Dollars 90% 1880 1883 1888 1900 EXC DETAIL FREE SHIPPING. It follows that the Morgan series struck in Carson City are the rarest and most difficult to find. New Orleans and Philadelphia Mints. Peace Dollars circulated from 1921 to 1928, following the discontinuation of the Morgan Dollars. Sign up to get the latest information on sales and offers! Just 100,000 of them! This is one of the "better" fakes as the weight is almost spot on and the coin is not magnetic. If there is not a mint mark on the coin, you can assume that it was minted at the Philadelphia Mint. The Morgan gave way to the new Peace dollar design later that year. How can I truly know the value to be sold? Perhaps the best thing about these Morgan silver dollar coins is their price. button button The Spruce Crafts. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! Already have an account? They were designed by George T. Morgan, for whom the coin was colloquially renamed by numismatists and others involved with the coin hobby. It wasn't until 1918 that the reauthorization of the minting and mining of silver coins was passed. The 1901 Morgan Silver Dollar from the Philadelphia mint is the next most valuable in the list. This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.A mere 100,000 silver dollars were struck at the San Francisco Mint in 1893, making this Morgan the lowest mintage issued for circulation in the entire series! While they were minted for just $1, they are both made of 90% silver. © 2020 Cable Shopping Network. view_comfy view_list view_headline; Filter There are 95 products. Search Close search DIY Projects. The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. Call 1-800-928-6468 today and let one of our Carson City Silver Morgan Dollar Specialists assist you. So you can multiply that times the current price of silver to find out the absolute minimum your coin should be worth. Details about 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND See original listing. These huge numbers are reflected in affordable values on the chart for most dates. This is a 30% loss assuming silver prices were unchanged; it would require silver to rise about 30% just to get back to break even. Free … This collection includes one “O” mint Morgan Silver Dollar from each year of the 1880s in circulated condition with most major design elements visible. You could get a MS-60 for $1100 or a MS-63 for $8000. These famous silver dollars were struck from 1878 through 1904 and once more in 1921. You could get an AU-50 for $2250. You can find coin values and coin prices for all Morgan Silver Dollars (1878-1904, 1921). It's extremely important that novice precious metals investor… This made it easier for tellers to handle the coins. Of course, there are a few exceptions, especially for Morgan Dollars minted at Carson City, but most Morgan dollars on the market today never circulated as regular coinage. Some searching is required to find specimens with a sharp strike and deep luster, which will be worth a little bit more because of the quality. As this totally new infographic explains below, shady marketers use deception and misinformation to unload Morgan Silver Dollars at prices WAY above their actual melt value or their resale value. Morgan Silver Dollars. This seems to have largely begun in the 1930s with small banks and became "normal" in banks my family owned (or were stockholders in) in the 1950s and early 60s. This means that these are generally more valuable than, say, a Morgan struck in the same year at San Francisco or Philidelphia. American Silver Eagles serve as the backbone of many collections around the world. It stopped when the flow of silver dollars ended in 1964. Looking to see how much your Morgan silver dollar is worth? Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. While they were minted for just $1, they are both made of 90% silver. Compositionally, the coin is 90% silver and 10% copper. On Morgan dollars, the mint mark is found underneath the wreath surrounding the eagle. Those reserves ran out in 1904 and just like that, the Morgan's production also came to an end. Comments: Morgan silver dollars produced at the Carson City Mint have long been associated with the Old West tradition. The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. Updated on 11/4/2020 . google_ad_width = 468; Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle's tail feathers. Many key production dates fall between 1878 and 1904. Just place a bid on the silver dollar of your choice and wait. This is the first time I have ever heard of these coins. In this video I examine a 1903 S Silver Dollar. We have seen the history of Morgan dollars and how to go about collecting a Morgan dollar in Shopcsn blog earlier. The government also had silver reserves that were only to be used to melt and mint silver dollars. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. If you cant afford the higher grades, the business strikes could be had at around $2500 in MS-60. Find our current Morgan Silver Dollars for Sale * Average prices indicate a range for average coins for those grades. An EF-40 would be ideal to collect as it would cost around $3500. While other countries began issuing silver bullion coins earlier, the Silver Eagle’s status as the only annual modern silver bullion series backed for weight and purity by the US government earned it preeminent status in the numismatic world. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. google_ad_height = 280; LOT of 4 Morgan Silver Dollars 90% 1880 1883 1888 1900 EXC DETAIL FREE SHIPPING. Please enter your email below and we will send you the confirmation link. Includes series history, key dates, mintages, and details of each release of the series. There are also the Double-die reverse error issues that go up to $5000 at MS-60. Most years Philadelphia struck multi-million silver dollars, many years, tens of millions of coins. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. Other lower mintage Morgan silver dollars include the 1886-S, 1888-S, 1889-S, 1893-S, 1893-O, 1894, 1895, 1895-S, 1895-O, and 1899. Now, imagine finding 16 sealed original U.S. Treasury bags containing 16,000 vintage Morgan Dollars! Mintages of these coins were drastically different The Morgan Dollars had more in circulation than the Peace Dollars because of the Silver available at the time. Morgan silver dollars, all composed of 90% silver and 10% copper (slightly less silver than sterling silver), were struck between 1878 and 1904, with a final minting in 1921. This entry was posted in Silver coins and tagged rare morgan dollars, morgan dollars on June 21, 2017 by lavanya kannan. CC Morgan Silver Dollars are sought after far and wide by both the most experienced of coin collectors as well as numismatic novices. These do not reference error coins, just the standard issued Morgan Silver Dollars. Price movements from 1950 to the present for individual dates in this popular collector series are reported. This seems to have largely begun in the 1930s with small banks and became "normal" in banks my family owned (or were stockholders in) in the 1950s and early 60s. The 1921-dated coins are the most common, and there exists a substantial collector market for pristine, uncirculated specimens of the rarer dates and mint marks . With respect to Morgan silver dollars, all Carson City minted coins are considered semi key date or key date coins. The strike is average or below, but not often sharp, with a grainy and unattractive luster. In addition, the earlier Morgan Silver Dollars also tend to carry a higher price tag. The Morgan Silver dollars represent the best in silver coin manufacturing at its time. As stated previously though, many Morgan Dollars will be collectible because of their rarity and desirability. The San Francisco mint minted 1.2 million of the 1892-S coins and almost all of them were put up into circulation. Morgan Dollars in General . Your best bet would be to collect a VF-20 coin that would put you back by around $7250. The Morgan silver dollar originated in 1878 following the passage of the Bland-Allison Act. The Most Sought After Morgan Silver Dollars. There are many numerous varieties and overdates, which makes collecting them both complex and interesting. The coin came back in 1921 for just one year. From 1972, uncirculated Morgan silver dollars were sold direct to the public by the U.S. Government’s General Services Administration (G.S.A.). That dream came true recently with the discovery of a large hoard of Morgan Silver Dollars that were hidden away for over 50 years in Wall Street Bank Vault. I should also mention that this not only applies to Morgan Silver Dollars, but to all United States coins. But when selling these common Morgan Silver Dollars back to a dealer, you're likely to receive no more than a few percent above the melt value, making the all important buy-sell spread 30% or more. /* 468x60 CoinTrackers Coin */ I am honored … America's Trusted Source of Numismatic Treasures. We took the images with and without flash and are sure that the people looking at this listing will know much more about these very collectible SILVER dollar coins than we do. There is an 1881-CC, 1885-CC, and an 1886-O. In 1895, the Philadelphia coiners are said to have struck 12,000 business strikes and 880 Proof issues. Fine examples can be worth tens of thousands of dollars. 1892-O & P MORGAN SILVER DOLLARs Description: This listing is for a pair of beautiful original 1892 MORGAN SILVER dollars. JavaScript seems to be disabled in your browser. The coins' are called by the name of the designer - George Morgan. Among the 10.7 million coins struck, around 2 million were put up for circulation and almost 8 to 9 million melted because of the Pittman Act. There are a very few left for collectors and the ones that are available demand a huge premium in the Mint-state conditions. It is by far the most widely collected and traded numismatic coin in the world. We have seen the history of Morgan dollars and how to go about collecting a Morgan dollar in Shopcsn blog earlier. As a rule, you need to keep in mind that common date Morgan silver dollars that grade below AU-50 are only worth their silver bullion value. Many key production dates fall between 1878 and 1904. As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. If you are able to find an early Morgan that is also in well-preserved condition, you are going to be looking at a price of $100 or more. It is the dream of most coin collectors, to discover a hidden hoard of rare coins. In 1878, 10,500,000 Morgan silver dollars were minted at Philadelphia, 9,774,000 at San Francisco, and 2,212,000 at Carson City. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! Morgan Dollars are among the most popular of all United States coinage. There are a very few left for collectors and the ones that are available demand a huge premium in the Mint-state conditions. button button … google_ad_slot = "4149874786"; Silver Dollars. The pictures below show where to find mint marks on both silver dollars. In addition, the earlier Morgan Silver Dollars also tend to carry a higher price tag. AU Morgan Key By Far The Hardest To Find Morgan Silver Dollar In The Series is the 1893-S. The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. The tables are structured to help collectors sort out those Morgan Silver Dollars which have demonstrated the strongest percentage gains over a long period of time. The New York Bank Hoard Story. Most Morgan dollars are relatively common and circulated examples are often worth little more than their intrinsic silver content value. Free … Rest of them were put up in 1000 coin bags into treasury vaults in Washington and Philadelphia mints. The New Orleans mint struck 1895-O coins with an aim to just make as many silver dollars as possible in the least amount of time. This issue in the lower grades are quite inexpensive and readily available. The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. The 1878 Morgan silver dollar has a diameter of 38.1 mm and a mass of 26.73 grams. The city from Nevada state had a very small population back then and the production of the Silver dollars put a serious financial strain in the small city. This collection includes one “O” mint Morgan Silver Dollar from each year of the 1880s in circulated condition with most major design elements visible. They are quite rare in Mint-state conditions and even an MS-60 costs around $18,000. Morgan Dollars and Peace Dollars are the most collected U.S. coins. 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND: Condition:--not specified. Perhaps the best thing about these Morgan silver dollar coins is their price. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! Morgan Silver Dollars hold immense historical significance, being a major part of America’s early development westward. NI have a 1986 Silver Morgan dollar. It's the most valuable of the silver coins the United States has minted in the late 1800's and early 1900's partly because of it's size, and silver content. 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND: Condition:--not specified. That is the reason, this coin is sold to the order of $250,000 or above. 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